SAS finances six additional Airbus A320neo aircraft through Sale and leaseback
January 27, 2017 07:00
SAS has secured financing of an additional six Airbus A320neo through the signing of a Sale and leaseback agreement with CDB Aviation Lease Finance. The aircraft will be delivered between 2017 and 2018. The agreement means that SAS, at the time of delivery for the respective aircraft, will sell the aircraft to CDB Aviation Lease Finance and then leases it back during a long term lease period.
Through this agreement, SAS has until now agreed on financing of 18 Airbus A320neo of the order of 30 aircraft.
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